Search results

"Banks Fight $4 Billion Debt Relief Plan for Black Farmers"

"The Biden administration’s efforts to provide $4 billion in debt relief to minority farmers is encountering stiff resistance from banks, which are complaining that the government initiative to pay off the loans of borrowers who have faced decades of financial discrimination will cut into their profits and hurt investors."

Source: NYTimes, 05/19/2021

"Kerry Says US Examining Carbon Border Tax, Sees Risks"

"U.S. climate envoy John Kerry said Tuesday that Washington is looking into the possibility of introducing a fee on imports from countries that don’t tax heavy polluters, but he cautioned that such a move could carry risks “downstream.”

Source: AP, 05/19/2021

"Nations Must Drop Fossil Fuels, Fast, World Energy Body Warns"

"Nations around the world would need to immediately stop approving new coal-fired power plants and new oil and gas fields and quickly phase out gasoline-powered vehicles if they want to avert the most catastrophic effects of climate change, the world’s leading energy agency said Tuesday."

Source: NYTimes, 05/19/2021

"Biden Makes Electric Pitch At Ford Plant: 'There's No Turning Back'"

"Visiting the Ford Motor Co. Rouge Electric Vehicle Center Tuesday, President Joe Biden presented an American auto industry at a crossroads, forced to choose between two options: Spend around $174 billion and speed ahead to dominate the burgeoning electric vehicle market, or cede the race to China."

Source: Detroit News, 05/19/2021

Pages